Suggestive Phrases = Red Flags for Regulators

A Bloomberg article highlights how the use of certain suggestive phrases in electronic communications can be red flags for regulators.

Phrases like TYOP (tell you on phone), TOL (talk off line), and LDL (let’s discuss live) are red flags. “Investigators for the SEC and Justice Department get so many e-mails they can’t possibly review them all without using Control-F….they use terms to find evidence of whether someone is trying to hide their activities,” said Galleon prosecutor Reed Brodsky.